DiabloWags said:
cbbass1 said:
The politics isn't the only reason for crashing the economy.
Please explain the basis for your claim that politics is behind crashing the economy.
Be specific.
Sure.
Example: Oil companies & the Saudis have a political preference. Though the oil companies invest heavily in the Dems in order to prevent any action on Climate Change, it's clear that the oil companies would prefer to have Republicans in the majority in both House & Senate. The Saudis clearly prefer Trump & Jared over Biden, because they're easier to purchase, less likely to have issues with Mohammed bin Bonesaw, and less likely to interfere with arms sales for their war against Yemen.
On top of that, with the GOP in the majority, Capital will finally be in a position to "run the table", ignore regulations, especially on Labor and the environment, ignore climate change, and rig elections in their favor nationwide.
So the GOP and Capital have a strong financial interest in drowning small-d democracy in the bathtub. This is accomplished by crashing the economy, and then blaming it on the Dems.
It's not just the oil companies. Health insurers and pharmaceuticals also prefer to have GOP majorities in Congress, and to ignore government regulations and regulators, if the 6-3 SCOTUS doesn't declare all regulations of business unconstitutional first.
When the bubble bursts, those who have cash, and lots of it, are in a position to buy companies, properties, and assets for pennies on the dollar. Those companies that were borrowing & rolling over their debt are in a difficult position, and will either go under or sell out.
The other reason for Capital to crash the economy is to re-exert disproportionate leverage over workers. IF I'm correct on this, expect the Recession / Depression that follows to also lead to massive layoffs and unemployment, with Union members being fired
en masse, illegally. The last thing that Capital wants is to have millions of unemployed voters having political power, and voting. So the easy solution for Capital is to have the disgruntled masses voting GOP. There, they can lash out with violent rhetoric against Biden & the Democrats, but the Republicans never have to promise them
anything economically!
